It was surprisingly negative, well below the low end of the most pessimistic analysts, which is no small feat.

GM's numbers are surprisingly bad.

Earnings growth has been surprisingly low for drug stocks and there is more of that to come as we go through a cycle of patent expirations. But I think the stocks are close to being washed out and if you have patience they will do quite well over a longer period of time.

Earnings growth has been surprisingly low for drug stocks and there is more of that to come as we go through a cycle of patent expirations, ... But I think the stocks are close to being washed out and if you have patience they will do quite well over a longer period of time.

If you constantly allow negative statements into your life, you run the risk of adopting such negative statements as your convictions and principles. Generally, you will have a pessimistic outlook towards life.

GMAC bondholders would be delighted to see a transaction of some sort take place and ecstatic if it were investment grade.